Alecta Tjanstepension Omsesidigt Purchases New Shares in Emerson Electric Co. $EMR

Key Points

• Alecta Tjanstepension Omsesidigt acquired 143,300 Emerson Electric shares during the second quarter, valued at approximately $20.6 million. Institutional investors and hedge funds now own 74.3% of the company.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $166.96, despite individual target changes ranging from $160 to $186.
• Emerson reported quarterly EPS of $1.71, ahead of the $1.68 consensus estimate, on revenue of $4.87 billion. The company also announced a quarterly dividend of $0.555 per share, representing a 1.4% yield.

Alecta Tjanstepension Omsesidigt acquired a new position in shares of Emerson Electric Co. (NYSE:EMR - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 143,300 shares of the industrial products company's stock, valued at approximately $20,562,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Basso Capital Management L.P. purchased a new position in shares of Emerson Electric in the fourth quarter worth approximately $25,000. Allied Private Wealth LLC purchased a new stake in shares of Emerson Electric in the 2nd quarter valued at approximately $27,000. IFC & Insurance Marketing Inc. acquired a new position in Emerson Electric in the 4th quarter worth approximately $27,000. Motiv8 Investments LLC purchased a new position in Emerson Electric during the 4th quarter worth approximately $27,000. Finally, Ares Financial Consulting LLC acquired a new stake in Emerson Electric during the 4th quarter valued at $29,000. 74.30% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EMR has been the subject of several recent analyst reports. Rothschild & Co Redburn raised their target price on Emerson Electric from $165.00 to $180.00 in a research report on Thursday, August 6th. Sanford C. Bernstein increased their price objective on Emerson Electric from $169.00 to $186.00 and gave the stock an "outperform" rating in a research note on Friday. KeyCorp decreased their price objective on Emerson Electric from $185.00 to $170.00 and set an "overweight" rating for the company in a research report on Monday, July 13th. Royal Bank Of Canada lifted their target price on Emerson Electric from $169.00 to $179.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Finally, Stephens increased their price target on shares of Emerson Electric from $155.00 to $160.00 in a research report on Thursday, August 6th. Thirteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Emerson Electric presently has an average rating of "Moderate Buy" and a consensus price target of $166.96.

Emerson Electric Trading Down 0.7%

Shares of Emerson Electric stock opened at $163.07 on Friday. Emerson Electric Co. has a 1 year low of $122.64 and a 1 year high of $166.35. The company's fifty day simple moving average is $146.32 and its 200-day simple moving average is $143.14. The company has a market cap of $91.33 billion, a price-to-earnings ratio of 35.68, a PEG ratio of 2.44 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.66 and a debt-to-equity ratio of 0.37.

Emerson Electric (NYSE:EMR - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.68 by $0.03. The firm had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.80 billion. Emerson Electric had a net margin of 13.83% and a return on equity of 17.58%. The business's revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 EPS. Emerson Electric has set its FY 2026 guidance at 6.550-6.550 EPS and its Q4 2026 guidance at 1.850-1.850 EPS. As a group, sell-side analysts expect that Emerson Electric Co. will post 6.55 EPS for the current year.

Emerson Electric Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 14th will be paid a $0.555 dividend. This represents a $2.22 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 14th. Emerson Electric's dividend payout ratio (DPR) is presently 48.58%.

Insiders Place Their Bets

In related news, CEO Surendralal Lanca Karsanbhai sold 9,650 shares of the business's stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $161.91, for a total transaction of $1,562,431.50. Following the transaction, the chief executive officer directly owned 271,743 shares in the company, valued at $43,997,909.13. The trade was a 3.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.23% of the stock is currently owned by company insiders.

About Emerson Electric

Emerson Electric Co is a global technology and engineering company that designs and manufactures products and provides services for industrial, commercial and consumer markets. Founded in 1890, the company is headquartered in St. Louis, Missouri, and has built a long-standing presence in automation, control and climate-related technologies. Emerson's offerings are aimed at improving productivity, energy efficiency and reliability for a wide range of end markets.

Emerson operates through two principal platforms—Automation Solutions and Commercial & Residential Solutions—providing process automation systems, measurement and analytical instrumentation, valves and actuators, control software, and related aftermarket services, alongside products for heating, ventilation and refrigeration, residential and commercial climate controls, tools and storage solutions.

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